Tax Imposed on Jose T. Manalo as an Owner-Operator of a Ferris Wheel
BIR Ruling No. 234-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Apr 15, 1958
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April 15, 1958 BIR RULING NO. 234-58 3rd Indorsement Respectfully returned to the Regional Director, Regional District No. 7, Cebu City, the within papers bearing on the case of Mr. Jose T. Manalo, an operator of a ferris wheel. As owner-operator of a ferris wheel, Mr. Manalo is subject to the amusement tax prescribed by Section 260 of the Tax Code. However, since he charges a fee of only P0.20, he is exempt from the said tax. For the operation of such wheel, Mr. Manalo is not subject to any business tax. Notwithstanding his exemption from the amusement tax, however, he must nevertheless have the tickets used by him for admission duly approved and registered in accordance with the provisions of Section 10 of Revenue Regulations No. V-57, the Revised Amusement Tax Regulations. llcd (SGD.) JOSE ARAAS Commissioner of Internal Revenue
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